Uncategorized

Access Bank to Divest Interest from Subsidiaries

By Peter OBIORA investadvocate Feb 04 2011 15.32 GMT Lagos (INVESTADVOCATE)-Access Bank Plc has divested its interest from its non-banking subsidiaries.   This was contained a notice Friday February 04 2011 by the Bank to the Nigerian Stock Exchange (NSE) and made available to investadvocate in Lagos Nigeria.   The notice reads thus: […]

Banks’ threats to quit London recede

By Agency Reporter Friday, 4 Feb 2011 LONDON: Barclays Plc, Standard Chartered Plc and HSBC Holdings Plc, three of Britain’s biggest lenders, are toning down threats they made last year to leave London as pressure to break up commercial and investment banking eases, Bloomberg reported on Thursday Barclays, Chief Executive Officer, […]

Indices dip as major banking stocks record losses

By Udeme Ekwere and Temitope Adepetu Friday, 4 Feb 2011 Market indices closed lower on the Nigerian Stock Exchange on Thursday as major banking stocks recorded losses. The key benchmark indices, which had improved the preceding day, dipped as a result of huge sell-offs witnessed in banking, insurance and other major […]